XAI co-founder Christian Szegedy has joined Morph, a startup whose software aims to improve the quality of computer code generated by artificial intelligence, as its chief scientist, a person with knowledge of the hire said. Szegedy appears to be the first of xAI’s 12 co-founders to leave the ... Read more ›
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Economic uncertainty related to the Trump administration’s tariff programs has made advertisers more cautious about spending this year. But that caution could be an opportunity for influencers, who can often charge less and move faster than traditional ad agencies, said speakers at The Information’s Future of Influence conference on Tuesday. “I think 2025, we always knew it would be a harder year. I think every industry has felt it,” said... Read more ›
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SpaceX is set to make about $15.5 billion this year, CEO Elon Musk said on his social media platform X, with only about $1.1 billion of the private rocket company’s revenue coming from NASA. Next year, he said SpaceX’s commercial revenue will likely exceed NASA’s budget, which President Donald ... Read more ›
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Microsoft is reorganizing its top ranks of executives overseeing applications like Office 365 and Dynamics as the company prioritizes sales of AI agents, CEO Satya Nadella told staff on Wednesday. The move is a sign that Microsoft is throwing its weight behind AI products that can automate white ... Read more ›
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Among privately held firms, there’s no beating OpenAI when it comes to generating revenue from selling artificial intelligence. But startups selling the digital picks and shovels of the AI gold rush, including to OpenAI and other AI developers, are doing OK too. The latest example is Vercel, a cloud service companies use to develop artificial intelligence and commerce applications and websites. The San Francisco-based firm, which also offers website hosting,... Read more ›
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In March, at a Microsoft all-hands meeting, one of the company’s newest executives, Jay Parikh, laid out a rough vision for Microsoft’s path forward in artificial intelligence. AI models made by OpenAI and others were quickly becoming commoditized by more efficient models from DeepSeek and Microsoft’s own research arm that performed nearly as well for a fraction of the cost, Parikh said, sitting alongside chief executive officer Satya Nadella and... Read more ›
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Snap CEO Evan Spiegel defended his company’s ability to stay independent despite competition from deep-pocketed rivals like Meta Platforms, predicting that the Snapchat parent was on “the cusp of a real transformation in the way that people think about and use computers.” That transformation, Spiegel said, will involve his company’s augmented reality glasses, Spectacles. He said that he expected consumers to widely adopt AR glasses by the end of the... Read more ›
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One of venture capital’s big misses has to be AppLovin, an ad-tech firm specializing in selling ad space in gaming apps. Its shares have soared more than 900% since the beginning of last year, giving AppLovin a market capitalization today of $135 billion. That makes it just a bit smaller than Spotify, Shopify and Arm Holdings—and bigger than companies such as Comcast, Intel and DoorDash. And yet according to AppLovin... Read more ›
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Apple’s court-ordered relaxation of controls on its App Store has been “a big win for independent media,” according to Substack’s co-founder and CEO Chris Best. But that’s one of the few positives in the media landscape, where Google’s use of AI-powered search results is hurting publishers’ traffic while advertisers are increasingly shifting their ad spending to social, streaming video and retail platforms. Vox Media CEO Jim Bankoff said Vox, owner... Read more ›
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The most dangerous game in artificial intelligence investing right now is CoreWeave. Retail traders have helped bid up its stock price by 277% since its lackluster initial public offering, powering its market valuation from $23 billion to a remarkable $72 billion in two months. “It’s the most incredible thing I’ve ever seen,” one hedge fund manager told me. “It’s coming to an end. I just don’t know when.” Read more ›
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Deel has accused Rippling of directing an employee to set up fake entities to pose as a Deel customer and scour the rival payroll startup’s systems for contracts, policies and pricing information, the latest twist in a long running battle between the two HR software firms. The accusations form ... Read more ›
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As we send out this newsletter, we are kicking off our Future of Influence event in Los Angeles. We look forward to seeing so many of our subscribers in person! Keep an eye on theinformation.com for our latest coverage from the event, and we’ll be back with more highlights in Wednesday’s newsletter. One of the major themes of our event is that people are spending more time watching creators online,... Read more ›
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Elon Musk stepped up his rhetoric against the Trump Administration on Tuesday, calling the president’s tax and spending bill a “disgusting abomination” on his social media platform X. Musk had previously clashed with Donald Trump on tariffs and said last month he would spend less on future ... Read more ›
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Thoma Bravo raised $24.3 billion for its main buyout fund and a total of $34.4 billion across three funds, marking its biggest fundraising year ever. The software-focused buyout firm raised $8.1 billion for its midsize software companies-focused Discover Fund and $2 billion, or 1.8 billion ... Read more ›
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The Kuwait Investment Authority is joining a Blackrock-led plan to invest up to $100 billion in data centers for artificial intelligence. The $1 trillion KIA will become a “financial anchor investor” in the consortium, which is also backed by Microsoft and Abu Dhabi’s MGX, according to a ... Read more ›
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At any given moment during a typical professional golf tournament, 14 balls are in motion, and players hit upwards of 30,000 shots over the four-day event. It’s been next to impossible for the PGA Tour, which runs these tournaments, and sports broadcasters to provide commentary or information on every shot—even though the Tour thinks there’s demand for that information. So, to provide color on those thousands of shots, the PGA... Read more ›
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Meta Platforms is buying the power output from Constellation Energy’s Clinton, Illinois nuclear power plant under a 20-year deal announced on Tuesday, the latest sign of how tech firms are dealing with fast-rising need for electricity to power their AI data centers. It also shows how AI ... Read more ›
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Mathematicians have been enthralled with artificial intelligence that can solve difficult math problems. And some developers behind these models at OpenAI and elsewhere believe AI that learns to solve hard math can use similar reasoning methods to solve other types of problems.But since today’s AI still hasn’t proven it can beat human experts at advanced math, some founders see an opening to develop models that specialize in the field. One... Read more ›
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In 2023, Google ad executives noticed something alarming about one aspect of their business. Once-red hot revenue growth from selling ads promoting mobile apps, a business worth double-digit billions of dollars for Google, had slowed, a former employee said. When staffers discussed what was going on, they agreed a small ad tech firm called AppLovin was starting to nip at Google’s heels. One of a handful of small companies that... Read more ›
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Uber is promoting Andrew Macdonald from senior vice president of mobility and business operations to the position of president and chief operating officer, a role that has not been filled at the rideshare startup since 2019, Bloomberg reported. Macdonald will succeed Pierre-Dimitri Gore-Coty, ... Read more ›
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05.11.2025 23:01
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